THERA AGRI CAPITAL NO 2 PTY LTD v BCC TRADE CREDIT PTY LTD
 Lloyd's Rep IR Plus 9
NEW SOUTH WALES SUPREME COURT
Before Justice Rees
Insurance (trade credit) – Assured agreed to finance purchase of commodities using Sharia-compliant Murabaha arrangement – Borrower used sums to purchase different commodities – Murabaha arrangement not followed – Whether insurers liable for bad debt under trade credit policy.